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clinton as he spoke about clinton's effectiveness. what's going on from your view sitting on the board of cisco, having the experience that you've had at yahoo! tell me how you see the environment changes and where specifically you would expect growth to happen in technology in the next five years. >> well, i think technology in general -- probably the biggest challenge is not so much the social interactions but everybody's talking so much about data. data is very, very hard to mine correctly. so i think you're going to see a push back towards a lot of enterprise apps that really figure out how it get information to the companies so they can actually be more personalized for the user, but easy to say, a lot to do. >> and really quick, on what you're seeing out there, how tough is europe right now for technology? what are you seeing in terms of the global slow down? >> well, europe continues to baffle us in general in technology. it looks like it's getting softer, not stronger. you know, companies that diversified over the past 20 year
clinton as he spoke about clinton's effectiveness. what's going on from your view sitting on the board of cisco, having the experience that you've had at yahoo! tell me how you see the environment changes and where specifically you would expect growth to happen in technology in the next five years. >> well, i think technology in general -- probably the biggest challenge is not so much the social interactions but everybody's talking so much about data. data is very, very hard to mine...
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Sep 27, 2012
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group, bill ak man. we drummed up some of these results. so take a look at this, for instance, for procter & gamble. bill ak man announces persian square has taken a stake. stock is up 6%. dan low demanding changes at yahoo. demanding that the alley ba ba becomes monetized. then you had the example of the noninvestment. david einhorn got into herbal life and nothing happened. do you ever use this information, josh? >> you know, i've been involved in activist situations for 15 years, like since alfred kingsly was consolidating steel companies. there's a rhythm to these things. if you're an investor and you want to be involved, understand there's the initial 13 d filing. sometimes that will be accompanied by an explanation of what the manager is trying to accomplish, sometimes not. there will almost always be a stock pop especially in a bad company and a bad stock. that kind of fades. you can have a year, two years of letters back and forth and -- >> it's a process. >> you have to understand there's a rhyt
group, bill ak man. we drummed up some of these results. so take a look at this, for instance, for procter & gamble. bill ak man announces persian square has taken a stake. stock is up 6%. dan low demanding changes at yahoo. demanding that the alley ba ba becomes monetized. then you had the example of the noninvestment. david einhorn got into herbal life and nothing happened. do you ever use this information, josh? >> you know, i've been involved in activist situations for 15 years,...
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Sep 28, 2012
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our tax rates were higher and the world did not implode. >> bill clinton cut spending. >> bill clinton did cut spending. >> that's correct. >> bill clinton was worried about deficits. be obama is increasing spending. he wants tax credits and spending subsidies. >> this is not what with tax cuts to higher people -- >> i will ask you about when he talks about energy he is not talking about fraking or shale. he is talking about more green energy spending. that's the difference between him and clinton. >> appreciate that. what i'm saying is if you don't like the same as it ever was, let's have a conversation about the bush years if we are going to talk about what worked and didn't work, bush's policies did not work. if you don't believe me, look at the 4.5 million jobs. >> what do you mean? >> 2008 until january 2009, we lost 4.5 million jobs. >> do you know over the same time span that bush created more jobs. the bush recovery created more jobs than the obama -- >> what was -- >> even though the recession was much milder,crea more jobs than obama did. using the obama metric. listen, i kno
our tax rates were higher and the world did not implode. >> bill clinton cut spending. >> bill clinton did cut spending. >> that's correct. >> bill clinton was worried about deficits. be obama is increasing spending. he wants tax credits and spending subsidies. >> this is not what with tax cuts to higher people -- >> i will ask you about when he talks about energy he is not talking about fraking or shale. he is talking about more green energy spending. that's...
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Oct 2, 2012
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clinton say that, bill clinton has not said that before. >> i could have done better. you could have done better. i think anybody who wasn't ideologically driven could have done better. >> what would you have done? >> sorry? >> the meaningful steps. >> what wouldn't you have done. >> we need jobs so therefore -- and we need exports so therefore the first thing you do is have the nlrb attack the number one exporter in the country on really preposterous grounds, then you in effect start yelling at business and threatening business and then you get on the tv and talk about las vegas and all of a sudden the hotel business dies. i mean, the answer is that we need leadership, not criticism. we need encouragement not discouragement and until that scenario changes i think the united states is quote/unquote, i hate to use this word, in a malaise. >> is that a function of new laws and legislation or a function of rhetoric? >> first of all it's both, okay, in other words, we hope that it's new laws. the reality is, it isn't new laws. it's using the executive branch to legislate b
clinton say that, bill clinton has not said that before. >> i could have done better. you could have done better. i think anybody who wasn't ideologically driven could have done better. >> what would you have done? >> sorry? >> the meaningful steps. >> what wouldn't you have done. >> we need jobs so therefore -- and we need exports so therefore the first thing you do is have the nlrb attack the number one exporter in the country on really preposterous...
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Sep 26, 2012
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we read your progress in the 23 million jobs created under bill clinton when the average american family felt income go up by 7,500 instead of down 2,000 like george w. bush. that that's the standard he set. he's a failure, the family income has gone down $4,000 in 3 1/2 years under obama compared to $2,000 under george w. in eight years. >> because of that family income, that's not a made up number, that's a government number. i think both of these guys should be looking for permanent middle class tax cuts. permanent middle class tax cuts so that take-home pay will go up. i'll give you the last word. >> i found myself strangely agreeing with your plan to cut the middle class and take away the deductions and keep tax rates for people who make a lot of money like you and i fairly high. i think that makes abundant good sense. but we're forgetting one thing. the biggest challenge may be even more than anything is our debt and our deficit. and i think with governor romney and paul ryan figured out was they can't give $5 trillion worth of tax cuts and still eat into the deficit, which i think
we read your progress in the 23 million jobs created under bill clinton when the average american family felt income go up by 7,500 instead of down 2,000 like george w. bush. that that's the standard he set. he's a failure, the family income has gone down $4,000 in 3 1/2 years under obama compared to $2,000 under george w. in eight years. >> because of that family income, that's not a made up number, that's a government number. i think both of these guys should be looking for permanent...
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Oct 3, 2012
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restore the tax rates to bill clinton's tax rates. and we had a pretty good economy. >> that's $350 billion. >> we had a pretty darn good economy when we were playing bill clinton's tax rates and then it cuts defenses we haven't done in 30 years and entitlement programs. >> there's a few on the left that admit that going back to the clinton tax rates is not just for people who are 250, it's for everyone. >> i agree with that. >> $200 billion in the middle class from the bush tax cuts and $100 billion from the payroll tax cut -- >> it would do a lot. >> we should take our medicine, we should do it. >> that's where i think you're right. we have to -- any politician who says democrat or republican, we're going to get out of this without suffering some pain -- >> that's what we're hearing from paul krugman who says any democrat that goes along with the simpson/bowles. >> only for one reason, you shouldn't raise the -- you shouldn't raise the eligibility for medicare to 67. that makes no sense at all. but otherwise -- >> why doesn't it? >>
restore the tax rates to bill clinton's tax rates. and we had a pretty good economy. >> that's $350 billion. >> we had a pretty darn good economy when we were playing bill clinton's tax rates and then it cuts defenses we haven't done in 30 years and entitlement programs. >> there's a few on the left that admit that going back to the clinton tax rates is not just for people who are 250, it's for everyone. >> i agree with that. >> $200 billion in the middle class...
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Sep 26, 2012
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. >> bill clinton was not a safe pick. >> compared to -- >> he was not a safe pick. i'm saying you're right. he's a prime example of what you're talking about. >> bob dole was, john kerry was. >> right. >> and bill was swinging for the fences. he's just a dangerous dude. i like him now, but he is not a safe -- you never know what -- >> he's not safe. >> he's still not safe. >> you're absolutely right. but again, look at the safety guys. and they run a respectable race. but they rarely win. >> you're still a republican even though you have -- yes, where's your mike? oh, you got it, good. even though you have -- you're in business now and have a lot of clients on both sides of the aisle. and i understand that. i would assume with what you view, you're going to be disappointed in the way the government is run over the next four years. country's resilient. everything going to be okay for the next four years? >> well, i think that we need more seriousness in washington. i think we're much too bumper sticker oriented. i think there's way too much political posturing going
. >> bill clinton was not a safe pick. >> compared to -- >> he was not a safe pick. i'm saying you're right. he's a prime example of what you're talking about. >> bob dole was, john kerry was. >> right. >> and bill was swinging for the fences. he's just a dangerous dude. i like him now, but he is not a safe -- you never know what -- >> he's not safe. >> he's still not safe. >> you're absolutely right. but again, look at the safety guys. and...
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Oct 4, 2012
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bush, then bill clinton, then george w. bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i
bush, then bill clinton, then george w. bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected,...